Machine Shop Technology Degree from Wisconsin Indianhead Technical College Return on Investment

See what the return on investment is for jobs that someone with a Machine Shop Technology degree from Wisconsin Indianhead Technical College is likely to work in.

F D C B A
Approximate Total Payment $69,291
Approximate Total Interest $19,612
Monthly Payment $481.19
Assumed Loan Type Direct Subsidized
Assumed Repayment Plan Standard Fixed
Assumed Payoff Years 12
Assumed Scholarship Amount $0
Assumed Down Payment $0

Top job projections for graduates in machine shop technology from wisconsin indianhead technical college

Machinists

Projection Rating: B+

Median Annual Wage: $50,840

Percentage of Paycheck to Repay: 11.36%-8.45%

Employment Change: 5%

Entry-Level Education: High school diploma or equivalent

Tool and die makers

Projection Rating: A-

Median Annual Wage: $61,490

Percentage of Paycheck to Repay: 9.39%-6.99%

Employment Change: -5.8%

Entry-Level Education: Postsecondary nondegree award

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Choosing the right educational path is crucial, especially when it comes to investing in your future career. A Machine Shop Technology Degree from Wisconsin Indianhead Technical College (WITC) offers a solid return on investment (ROI) for students looking to enter a growing field. This degree equips you with the essential skills and hands-on experience needed to excel in machining, manufacturing, and related industries.

One of the standout features of WITC's Machine Shop Technology program is its emphasis on practical, real-world training. Students engage in hands-on projects that mirror industry practices, ensuring they are job-ready upon graduation. This practical experience not only enhances your learning but also makes you a more attractive candidate to employers.

The job market for skilled machinists is robust, with many companies actively seeking qualified individuals. According to recent labor statistics, the demand for machinists is projected to grow, leading to competitive salaries and job stability. Graduates of the Machine Shop Technology program often find employment in various sectors, including aerospace, automotive, and medical device manufacturing, which can translate into a significant financial return on your educational investment.

In addition to high employment rates, WITC offers affordable tuition compared to many four-year institutions, making it a cost-effective choice for many students. Financial aid options, scholarships, and grants further enhance the program's affordability, ensuring that you can focus on your education without the burden of excessive debt.

Furthermore, WITC has strong connections with local industries, providing students with networking opportunities and potential job placements. These partnerships often lead to internships and cooperative education experiences, giving students a foot in the door before they even graduate.

In summary, pursuing a Machine Shop Technology Degree at Wisconsin Indianhead Technical College can yield a high return on investment. With hands-on training, strong job prospects, and affordable tuition, you can confidently take the next step toward a successful and rewarding career in machining. Explore your options today and invest in your future!

Disclaimer: The information provided is for general informational purposes only and should not be considered financial advice. Student loan situations can vary significantly based on individual circumstances, and decisions around deferment or forbearance can have lasting financial impacts. Before making any changes to your loan repayment plan, consult a qualified financial advisor or your loan servicer to understand the best options for your unique situation. This projection assumes you are taking out a Direct Subsidized loan (using the current federal interest rate) with a 12 year Standard Fixed repayment plan on the total yearly tuition (four years if Bachelor's degree, six for Master's degree and 12 for Doctorate) of your chosen institution. Our data is refreshed on a day to day basis and may not be accurate to real time. College numbers may not be 100% accurate and may not be the exact amount you will pay, it is advised that you consult a guidance counselor for that information. This software is not intended to replace a financial advisor.

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